Akzo Nobel and Axalta Merge to Create $17 Billion Paint Industry Giant
Akzo Nobel acquires Axalta for $9.2B in all-stock deal, creating global paint leader with combined $17B market value, moving listing to NYSE.
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Sealed Air Sells to CD&R for $10.3 Billion
Sealed Air Corporation agrees to $10.3 billion buyout by CD&R at $42.15 per share. Deal expected to close mid-2026.
Clayton Dubilier & Rice in Talks to Take Bubble Wrap Maker Sealed Air Private
Buyout firm Clayton Dubilier & Rice is reportedly negotiating to acquire Sealed Air, the $5.4 billion maker of Bubble Wrap and Cryovac, in a deal that could value the company at $40–48 per share.
Deutsche Bank Upgrades FireFly Aerospace: Strong Q3 Results Signal Turnaround
Deutsche Bank upgrades FireFly Aerospace (FLY) to Buy with $30 price target. Q3 earnings beat expectations with $30.8M revenue. Stock surges 20% on strong 2025 guidance and resolved engine issues.
Serve Robotics Targets 10x Revenue Growth in 2026 After 2025 Miss
Serve Robotics CEO Ali Kashani believes ads on its autonomous delivery robots could one day cover full operational costs, even as Q3 results miss.
FedEx Expects Profit Boost This Quarter, Easing Investor Worries
FedEx projects higher profits this quarter compared to last year, lifting investor confidence despite ongoing industry challenges and higher costs.